USD Index faces some selling pressure and challenges 104.00

The greenback, when tracked by the USD Index (DXY), comes under some downside pressure and disputes the 104.00 yardstick in the wake of the opening be

Persistent debate over a soft or hard landing for the US economy. Incipient speculation of rate cuts in early 2024. Geopolitical effervescence vs. Russia and China.Now, the index is down 0.13% at 104.05 and faces immediate support at 103.10 followed by 102.32 and then 101.74 . On the upside, the breakout of 104.44 would open the door to 104.69 and finally 105.88 .Information on these pages contains forward-looking statements that involve risks and uncertainties.

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